Answers

Kent's client provided profile information that was incomplete and very much out of date.

Thelma's client rejected Thelma's recommendation and bought something else.

Angela didn't make a recommendation but merely executed the client's request.

Lea received accurate profile information from a client seeking a recommendation.

Which of the following illustrates disclosures the agent is required to make when recommending an annuity to a client?

Answers

Wendy told her client that she made the recommendation even though she could have won a prize for recommending another annuity.

Olivia discussed how mortality and expense fees worked in the variable annuity she recommended.

Jamal gave his client a list of annuities that he rejected in developing his recommendation.

Roger told his client not to worry about the surrender charges, to talk to him if the client ever wants to surrender because he can get the client a special deal.